Businesses sourcing products from China might need the assistance of a Chinese sourcing company. Small businesses may find it difficult to import from low-cost regions like China. Agents can assist you in the entire process. They help source with confidence by reducing risk, relieving you of the hassle, and negotiating terms and pricing that will work for you.
You can think of a good sourcing agent as your trusted partner to ensure the process runs smoothly. We love the independence of many businesses. Many businesses don’t have the resources or time to do this job completely in-house. The sourcing agent is here to help.
What is a sourcing agent?
Although the scope of this role is vast, a sourcing agent, also known as an import agent or buying agent, or sourcing broker, manages all or part of the procurement process. A sourcing agent can help your business import ready-made products or have them made. A Chinese sourcing company agent can help you with everything from supplier prospecting, contract negotiation, quality inspections, shipping, and everything.
It’s more than just about easing the load. It’s about working with an expert who understands the sourcing landscape. An expert caddie is essential for any great golfer. An expert sourcing agent can help you find the right club every time. Are you looking to import golf clubs?
Local knowledge:
China can be daunting and mysterious. Sourcing can feel like walking on a tightrope while wearing a blindfold. The sourcing agent can help bridge the cultural, technical, and language gaps.
It is important to have someone who speaks the language and understands your business culture. Communication problems and misunderstandings can lead to more than embarrassment. Local knowledge will help build trusting and lasting relationships.
Only One Middleman:
A Chinese sourcing company agent can help you avoid unnecessary middleman. B2B marketplaces, such as any, are full of middlemen (and middle women! It is not always obvious that you aren’t directly contacting a manufacturer or supplier).
It can affect your ability to obtain the best price and cause you problems later on. It is much easier to resolve any issues if have only one middleman, your Chinese sourcing company or agency.
Negotiate like a boss:
Do you like good deals? You will, of course. You will be able to negotiate effectively and efficiently to get the best deal. A Chinese sourcing company can negotiate the terms and find the best deal for you.
Communication is crucial:
Clear lines of communication are key to success in sourcing. Super sourcing agents can be your contact person when you need to communicate with suppliers, manufacturers, shipping agents, or any other party. This will save you time and allow you to solve problems quickly and efficiently.
It is important to note that sourcing from China can be done in New Zealand. Epic Sourcing has a team in China, although it is headquartered in Auckland. We can communicate with your manufacturer or supplier at any time. So, you don’t miss your dinner, a good sourcing agent will pick up the phone.
How to find the right source agent for your company
There are many sourcing agents out there, and not all of them are the same. Engaging the wrong agent can lead to serious problems. Ask for references and find out if they have a good track record. Meet them in person if possible.
Anybody can be called a sourcing agent. It pays to get as much information as possible about the person you consider before entering into any agreement. You want a Chinese sourcing company that values transparency and is upfront about the cost of its services. Epic Sourcing, for instance, charges an hourly rate with no minimum requirements. It eliminates conflicts of interest and provides the best option for businesses seeking to use our services.
Here are some things to consider before you jump in.
Experience:
You want a sourcing agent who has a lot of experience and a track record. It takes time to become an expert. The best qualification is delivering results for clients. It is important to find an agent who can help you understand all aspects of sourcing products from China.
An experienced sourcing agent can help you at every stage and offer advice and solutions. If you are looking for a way to evaluate the experience of a sourcing agency, testimonials, reviews, and case studies can be a great place to start.
Specialization
It would help if you looked for a sourcing agency familiar with your industry and has sourced the products you need. There are many products in China, and different regions specialize in them. The agent must know where to find the products you want.
Excellent communication:
Communication is key to building strong relationships, and it should be obvious. It’s a good sign that a sourcing agent communicates quickly and effectively with you. It is a great indicator of their ability to contact and work with Chinese suppliers and manufacturers. Poor communication can cause a lot of problems down the line.
Transparency:
Communication is only half the battle. Transparency is the next step. You will be kept informed by a top sourcing agent. Bad actors will try to control the process and gain leverage by keeping you informed. To get the best results for your company, a Chinese sourcing company agent should not be considered a middleman/woman. Transparency reduces the chance of conflicts of interest.
Conclusion:
A sourcing agent can be a great option for small businesses that want to relocate to China. Although it is possible to handle the entire process yourself, it is not recommended. We recommend that you spend some time researching. A Chinese sourcing company is a good option if you want to source products for the first time, or to streamline an existing business. It will pay off long-term if you take the time to choose the best option for your company. We would love to meet with you and help your business source in China.